Skip to main content

Joint Economic Committee Democrats

Press Center

Nov 03 2017

Heinrich Statement on October Jobs Report

The economy the Trump administration inherited is resilient and this month’s job numbers reflect that. But rather than building from this position, President Trump and Republicans in Congress are jeopardizing growth by pushing a tax reform bill that benefits the wealthiest, at the expense of working families and rural communities. Hard-working Americans will be faced with double taxation, higher homeownership costs and medical expenses, and more expensive student loan debt.

Nov 02 2017

E & E News - Many lawmakers doubt warming but are bullish on resilience

Still, some lawmakers believe a recognition of the threats posed by climate change is essential when drafting mitigation, preparedness and response solutions to extreme weather events. "We've seen the economic toll that climate change takes on communities through larger and more frequent storms, fires and floods," said Sen. Martin Heinrich (D-N.M.), ranking member of the Joint Economic Committee, in a statement to E&E News yesterday. "We must ensure that our recovery efforts include improvements in infrastructure that prepare us for a new climate reality. As Congress moves forward with additional disaster relief, it should require relief funds for the construction of resilient infrastructure and also prioritize mitigation efforts that save us money." Heinrich yesterday released a report on the need to rebuild infrastructure from natural disasters in a way that limits future risk.

Nov 02 2017

Politico - Morning Energy

Joint Economic Committee Democrats released a report Wednesday arguing the federal government must adapt how it rebuilds following natural disasters to be more resilient and that every dollar spent on disaster preparedness provides almost $4 in future benefits. Take a glance here.

Nov 02 2017

KRWG - Heinrich: GOP Tax Plan Is A Setback For Working Families

“The details of the secretive Republican tax proposal emerging today reveal a plan that does very little for working families and may even increase their tax burden, while providing deficit-busting giveaways for others that bankrupt our ability to invest in a stronger economy tomorrow. We need to make sure the tax code is working for everyday New Mexicans, growing the economy, creating good paying jobs, and supporting families and communities across the country. This GOP plan is a setback on almost every level.”

Nov 01 2017

JEC Dems Report on Disaster Resilience: The Need to Rebuild Smarter

In the wake of devastating hurricanes that have struck the United States and wildfires that destroyed nearly 6,000 homes in California, Joint Economic Committee Democrats released a report on the need to limit risk from future disasters by rebuilding infrastructure to guard against natural disasters. The destruction we have witnessed makes clear that merely rebuilding without taking actions to ensure that infrastructure, homes, and businesses are made less susceptible to the next natural disaster will only lead to higher costs down the road.

Oct 31 2017

Arizona Daily Star - McSally Can't Ignore Economics of National Monuments in AZ (Letter to the Editor)

Even if the administration and some in Congress don’t care about the intrinsic values of these places, they should appreciate the economic benefits they provide. In Arizona, outdoor recreation accounts for more jobs than defense, technology and aerospace combined. (US Senate Joint Economic Committee). A 2013 study showed nearly $28 million in economic benefits to Flagstaff from visits to local monuments. Martha McSally must pay attention to the economic needs of Arizona and vote against HR 3990.

Oct 31 2017

JEC Democrats Podcast: Debunking the GOP Tax Plan

Episode 3, “Debunking the GOP Tax Plan,” unpacks the Republican proposal that would give massive tax breaks to the wealthy at the expense of working Americans. The episode features Seth Hanlon, senior fellow at The Center For American Progress and former special assistant to President Obama for economic policy at the White House National Economic Council.

Oct 27 2017

Heinrich Statement on 3rd Quarter GDP Data

Today's GDP numbers show the resiliency of the economy this administration inherited. Instead of building on this foundation, President Trump has created a climate of uncertainty, neglected Americans in the wake of disaster, and failed to advance any agenda that will create the good jobs American workers need.

Oct 27 2017

WSJ - U.S. Economy Notches Solid 3% Growth, Despite Hurricanes

Democrats weren't prepared to yield any credit to the new administration. "Today's GDP numbers show the resiliency of the economy this administration inherited," Sen. Martin Heinrich (D., N.M) said in a statement. "Instead of building on this foundation, President Trump has created a climate of uncertainty."